Seal fiscal leakages; stay vigilant as election beckons—IFS alerts gov’t
Gains from the domestic and external debt restructuring exercise as well as the gradual decline in inflation are only temporal, and government is still required to tie its spending decisions to the levels of mobilized revenue in order to keep the economy afloat, says the economic policy think-tank, Institute of Fiscal Studies (IFS). In its analysis of the country’s current fiscal and macroeconomic performance vis-à-vis the government’s 2024 mid-year budget review, the institute identified the need for handlers of the economy to plug revenue gaps whilst shoring up mobilization. “The Ghanaian economy remains very weak and fragile; the macro economy...
